Policymakers around the globe are studying the turmoil in March 2020 related to the COVID-19 pandemic to determine what happened and why. Similar work is being done by academics and other analysts. Bond mutual funds have been one area of focus, and policymakers will be considering the...
The evidence about what happened to financial markets in March 2020 is still far too mixed and preliminary to conclude that new regulation is appropriate for bond mutual funds.
Target date funds are a popular choice for 401(k) plans’ investment lineups, according to an updated joint study released today by the Investment Company Institute (ICI) and the Employee Benefit Research Institute (EBRI). The study, “401(k) Plan Asset Allocation, Account Balances, and...
Americans overwhelmingly continued saving for retirement in 2020 through defined contribution plans such as 401(k)s, in spite of the economic downturn brought about by the COVID-19 pandemic.
The majority of Americans are confident that 401(k)s and other defined contribution retirement accounts can help them meet their retirement goals, according to an updated study released today by the Investment Company Institute.
This week, the Investment Company Institute (ICI) and the ICI Education Foundation (ICIEF) are joining thousands of corporations, nonprofits, government agencies, and individuals to celebrate America Saves Week. This annual campaign encourages Americans to assess their financial...
Washington, DC; February 18, 2021—The Investment Company Institute today announced that Tracey Wingate will become chief of staff to ICI President and CEO Eric J. Pan. Wingate will be joining ICI from the US Commodity Futures Trading Commission (CFTC), where she has been associate...
Principles are consistent with ICI’s earlier call for greater harmonization of global disclosure standards for climate and other ESG-related issues Washington, DC; February 18, 2021—As part of its ongoing work of encouraging policymakers worldwide to support consistent standards for...
